2977 episodes
- Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Inditex shares fall as much as 4.9%, the most in six months, after the Zara owner’s first-half earnings missed sell-side expectations due to rising operational costs.
- HSBC analyst Anne-Laure Bismuth cut the recommendation on Burberry to hold from buy. Shares in the stock fell as much as 3.7%.
- Fortum has signed a 22-year power purchase agreement with Google covering up to 50% of the Loviisa nuclear power plant’s capacity, securing revenue certainty for the plant’s lifetime extension through 2050.
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Asian cable stocks, including Furukawa Electric and Yangtze Optical Fibre & Cable, climb after Verizon signs a multi-billion dollar supply agreement with Corning.
- Nintendo’s stock dropped as much as 3.7%, the most since July 31, after its online Direct event held to mark the 40th anniversary of Legend of Zelda provided no positive surprises.
- Energy-related stocks rose as Brent crude extended its rally to near $100 per barrel after US forces destroyed five Iranian tankers carrying crude oil on Tuesday. Shares in Woodside soared as much as 2.6%
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:
- Chime Financial (CHYM) struck a deal to buy Stride Bank for $590 million in cash, with Stride to become Chime Bank, a wholly owned subsidiary. Chime will consolidate its banking activities at Stride and seek to keep the bank's assets below $10 billion for the "foreseeable future". The deal is expected to be completed in the first half of 2027, subject to regulatory approvals, and Chime anticipates it will see $100 million in net synergies from the deal.
- Boston Scientific (BSX) and Stryker (SYK) shares fell after the companies said they are dealing with the repercussions of separate cyber attacks. The cyber attacks curtailed the companies' ability to get products to customers and dented sales, with damage that could last for months. Both companies sell medical devices and are working to recover from the cyber incidents, with Boston Scientific's full operational recovery timeline remaining uncertain. Boston Scientific fell as much as 4.9% Tuesday in New York, while Stryker was down as much as 9.1%.
- Shares of Compass Pathways climb 3.9% after the bell after Bloomberg reports that a psychedelics developer is expected to be tapped for a top FDA drug role.
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostic, Carol Massar and Tim Stenovec
- Bloom Energy (BE) and Everpure shares are rising on Tuesday after S&P Dow Jones Indices said the companies will join the S&P 500 Index, effective prior to the open of trading on Sept. 21.
- Amgen (AMGN) declines after BMO Capital Markets cut its recommendation on the pharmaceutical company to market perform from outperform, while shares in biotechnology companies slumped after Novartis suffered its third clinical-trial setback in a week.
- Constellation Brands (STZ) shares are down as much as 3.7%, to the lowest intraday since April 2020, as CEO Nick Fink and EVP/CFO Garth Hankinson speak at the Barclays consumer conference
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:
- Qualcomm (QCOM) signed an agreement with Amazon.com Inc. to create customized chips for Amazon Web Services' AI infrastructure. The agreement gives Amazon the right to acquire as much as $4 billion in Qualcomm stock and will last through "multiple generations" of equipment. Qualcomm will start to book revenue from Amazon in its fiscal first quarter and has expressed confidence that it will achieve a $5 billion data center revenue target for fiscal 2027. Qualcomm investors applauded the agreement, sending the shares up as much as 8.7% to $183.49 in New York. It was their biggest intraday gain since June 25.
- Boston Scientific (BSX) and Stryker (SYK) shares fell after the companies said they are dealing with the repercussions of separate cyber attacks. The cyber attacks curtailed the companies' ability to get products to customers and dented sales, with damage that could last for months. Both companies sell medical devices and are working to recover from the cyber incidents, with Boston Scientific's full operational recovery timeline remaining uncertain. Boston Scientific fell as much as 4.9% Tuesday in New York, while Stryker was down as much as 9.1%.
- Constellation Brands (STZ) shares are down as much as 3.7%, to the lowest intraday since April 2020, as CEO Nick Fink and EVP/CFO Garth Hankinson speak at the Barclays consumer conference.
See omnystudio.com/listener for privacy information.
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About Stock Movers
Listen for five-minute conversations on today's biggest winners and losers in the stock market.
Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.
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